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Discover Nigeria Law Personality

Men You Should Know: Adamson Adeboro

April 19, 2022

  Adamson Adeboro is regarded as a committed and dedicated litigation lawyer. He is the Principal Partner in ADVOCARE LAWYERS with its headquarters in Abuja. Some others have also referred to him as a fearless, erudite, ebullient, indefatigable young lawyer and a dogged and unrepentant fighter for justice and equity. Read more about Men you … Continue reading Men You Should Know: Adamson Adeboro

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Did You Know? Law

Do You Know: The Procedural Framework For Alternative Dispute Resolution In Nigeria?

April 19, 2022

  The Alternative Dispute Resolution is established to resolve certain disputes arising from labour, employment, industrial relations, workplace, etc, between parties using the process of mediation and/or conciliation. Read more about Do you know? There is an Alternative Dispute Resolution Centre that uses mediation and/or conciliation technique(s) to assist parties to resolve their dispute and … Continue reading Do You Know: The Procedural Framework For Alternative Dispute Resolution In Nigeria?

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BUSINESS Law

SME Spotlight: Trizon Law Chambers

April 19, 2022

  It takes great knowledge of the law and its skilful application to excel in the legal profession. And while numerous firms are dealing in this particular business, not as many have justified their worth in the cases they’ve handled. Read more about SME Spotlight Trizon Law Chambers constantly pushes to remain on the better … Continue reading SME Spotlight: Trizon Law Chambers

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Law Personality

Foluke Akinmoladun: Legal Practitioner And Accountant

April 19, 2022

  Foluke Akinmoladun is the founder and Managing Solicitor at Trizon Law Chambers, a legal firm based in Lagos. She has over 13 years of experience in legal practice, encompassing litigation, commercial law, and alternative dispute resolution. Read more about The law and you Specifically, she has taken on cases in maritime, estate management, debt … Continue reading Foluke Akinmoladun: Legal Practitioner And Accountant

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Law

The Arbitral Proceedings

April 19, 2022

  Arbitration in Nigeria is governed by the Arbitration and Conciliation Act of 1988, which is based on international standards set under the UNICITRAL Model Law on Arbitration and Arbitration Rules and the New York Convention. Read more about The law and you The substantive law in an arbitral proceeding is the law that governs … Continue reading The Arbitral Proceedings

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Law

Taxing Powers By The Governments

April 19, 2022

  Tax is compulsorily statute- based; hence, a tax cannot be validly imposed except by law and validly passed by the legislature. Therefore, the taxing power of government is the power of that government to impose taxes, usually by legislation duly enacted for that purpose. Read more about The law and you Taxing power means … Continue reading Taxing Powers By The Governments

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Finance Law

Securities For Loans And Credit Facilities

April 19, 2022

  Granting loans and overdrafts is part of the banking business, and to stay solvent, a bank must be certain that the customer to whom a loan is to be given or an overdraft granted has the means of repaying same as and when due. Read more about The law and you However, no matter … Continue reading Securities For Loans And Credit Facilities

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Insurance Law

Risk Management: Underwriting And Reinsurance Claims

April 19, 2022

  Risk Management is the practice of identifying and analyzing loss exposures and taking steps to minimize the financial impact of the risks they impose Most insurance companies have a responsible official whose main function is to scrutinize every proposal for insurance and to decide whether the risks proposed for insurance shall be accepted or … Continue reading Risk Management: Underwriting And Reinsurance Claims

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Law

Rights And Duties Of Parties To An Agency Relationship

April 19, 2022

  The rights of an agent would usually cover the corresponding duties of the principal and vice versa. For instance, if the agent has the right to be paid a certain sum of money, then the principal may have a duty to pay such money. Read more about The law and you Since the relationship … Continue reading Rights And Duties Of Parties To An Agency Relationship

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Law

Principles And Administration Of Tax

April 19, 2022

  When we speak of tax, we usually think of money paid to the government by reason of our obligation as citizens. All Citizens are expected to pay their taxes to their government, sometimes irrespective of whether or not they live and work in their country, and some people, especially companies, are expected to pay … Continue reading Principles And Administration Of Tax

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Law

Powers And Duties Of Arbitrators

April 19, 2022

  The impartial third person (or persons) acting in a judicial manner in an Arbitration Proceeding is called an Arbitrator or panel of Arbitrators. An arbitrator/ panel of Arbitrators should generally be independent and unbiased. Read more about The law and you Arbitrators are often compared in this regard to judges, who must meet relatively … Continue reading Powers And Duties Of Arbitrators

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BUSINESS Law

Performance Of The Contract Of Sale: Duties Of The Parties

April 19, 2022

  Performance refers to the delivery of goods by the seller to the buyer plus payment of the purchase price by the buyer to the seller. The main objective of the contract of sale is to transfer property from the buyer to the seller, and the strongest proof of this is by the delivery of … Continue reading Performance Of The Contract Of Sale: Duties Of The Parties

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Law

Negotiation And Out-Of-Court Settlement

April 19, 2022

  Sometimes, parties to a suit pending in court may realize the advantages they will enjoy if they pursue an amicable settlement of their dispute without recourse to the court system. Read more about The law and you Such parties are allowed, despite the pendency of their suit in court, to pursue the end of … Continue reading Negotiation And Out-Of-Court Settlement

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Law

Negotiability And Assignability; Endorsement And Delivery; Presentment And Notice Of Dishonour (Part B)

April 19, 2022

  Presentation And Notice Of Dishonour Certain bills must be presented first for acceptance and then for payment, while others only need to be presented for payment. Read more about The law and you Presentation For Acceptance A bill is duly presented for acceptance which is presented in accordance with the following rules: The presentment … Continue reading Negotiability And Assignability; Endorsement And Delivery; Presentment And Notice Of Dishonour (Part B)

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Law

Negotiability And Assignability; Endorsement And Delivery; Presentment And Notice Of Dishonour (Part A)

April 19, 2022

  An instrument is said to be transferable when it can be freely passed from one person to another either by delivery alone or by endorsement and delivery without the need to notify the party liable on it. Read more about The law and you Negotiability is the attribute of an instrument that enables the … Continue reading Negotiability And Assignability; Endorsement And Delivery; Presentment And Notice Of Dishonour (Part A)

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Law

Nature Of Conciliation

April 19, 2022

  Conciliation is the process whereby the third party (known as the conciliator)  in the settlement process is the one to reach a non-binding decision on behalf of the parties, having carefully listened to the facts of the dispute. Read more about The law and you The Conciliation Agreement Where the parties to an agreement … Continue reading Nature Of Conciliation

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Law

Money Laundering In Nigeria

April 19, 2022

  Money laundering has been described as the process of trying to manage the product of crime. The phrase “money laundering” means simply “the washing of money” but a thing is laundered only when it is dirty with the goal of cleaning it. Read more about Law The washing of money is infused with an … Continue reading Money Laundering In Nigeria

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Law

International Export Contracts

April 19, 2022

  International trade contracts are usually entered into between buyers, sellers, transporters and any other actor in the import-export business and they usually involve the sale of goods between buyers (importers) and sellers (exporters) in different countries. Read more about The law and you Usually, international trade activities involve parties from different countries and this … Continue reading International Export Contracts

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BUSINESS Law

Letters Of Credit And Performance Bonds

April 19, 2022

  There is a significant amount of money involved in international trade, and many times, traders will have to take out loans or perform their end of the bargain on a promise to third party vendors to pay on a certain date. Read more about The law and you While this is a risky situation … Continue reading Letters Of Credit And Performance Bonds

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BUSINESS Finance Law

Institutional And Regulatory Framework For The Establishment And Operation Of Banks Under Nigerian Law

April 19, 2022

  Bank means any person who carries on banking business. banking business is defined as the business of receiving money on current account from the general public, of paying or collecting cheques drawn by customers and making advances to customers. Read more about The law and you There are several laws that regulate banking business … Continue reading Institutional And Regulatory Framework For The Establishment And Operation Of Banks Under Nigerian Law

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Insurance Law

Formation Of The Contract Of Insurance

April 19, 2022

  Contract of Insurance is a contract whereby one party (called ‘the insurer’) in consideration of a price, known as premium, agrees to indemnify or pay a sum of money to another person (known as ‘the insured’) upon the happening of a loss or misfortune. Read more about The law and you A contract of … Continue reading Formation Of The Contract Of Insurance

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Law

Double Taxation

April 19, 2022

  Under Double Taxation, what usually transpires is that the income of a taxpayer is taxed several times under different taxing statutes such that a single tax base will end up being subjected to more than one tax. Read more about The law and you This, broadly speaking, is what double taxation is all about. … Continue reading Double Taxation

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Law

Confidentiality Agreements Under Intellectual Property Law

April 19, 2022

  Many of the people who possess intellectual property rights may not have the funding or other resources to make the property available to the public, or even to register the property; so, many times, they approach individuals or institutions to assist in the commercial and administrative processes. Read more about The law and you … Continue reading Confidentiality Agreements Under Intellectual Property Law

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Law

What You Should Know About Competition Law Part 2

April 19, 2022

  Competition Law In Nigeria’s Legal History There is currently no comprehensive legislation on competition law in Nigeria. This area of commercial law, although it has generated significant interest, has not received commensurate representation in the country’s law books. Read more about The law and you Nevertheless, there are several laws that cover areas relating … Continue reading What You Should Know About Competition Law Part 2

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Law

Anti- Corruption Laws And Policies In The Nigerian Legal System

April 19, 2022

  Corruption is the abuse of public power for private benefit. The notion of corruption as the abuse of public power for private gain could be seen as a conflict between the obligation to exercise public power in the public’s interest, and the self-interest of an individual to use or exploit them for private gain. … Continue reading Anti- Corruption Laws And Policies In The Nigerian Legal System

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BUSINESS Law

What You Should Know About Competition Law

April 19, 2022

  Competition law is that area of law that regulates business practice so that national or regional markets are not dominated by certain big players but rather, it makes the market open to all players on a somewhat level playing field. Read more about The law and you In other words, competition law consists of … Continue reading What You Should Know About Competition Law

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Law

Alternative Dispute Resolution: Its Methods And Advantages

April 19, 2022

  Conflict is bound to arise in any society, and it is the duty of the law to find peaceful ways to resolve those conflicts. The major forum that states have provided for addressing and resolving these disputes is the court system. The formal court process that follows recourse to the courts by parties is … Continue reading Alternative Dispute Resolution: Its Methods And Advantages

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Law

Websites We Love: JUDY

April 19, 2022

  Legal research is often cumbersome. Lawyers have to plough through numerous documents in search of an answer to their legal questions or to find a legal precedent that could help their case. Until recently, this was a universal problem, faced by professionals across the world. Read more about Websites we love But thanks to … Continue reading Websites We Love: JUDY

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Law Website Review

Websites We Love: LawPadi

April 19, 2022

LawPadi is an online platform that provides Nigerians with answers to their legal questions. This website is devoted to keeping people informed about the intricacies of the law and how it affects aspects of their life that they care about. Read more about Websites we love Its founder, Babatunde Ibidapo-Obe, says he decided to set … Continue reading Websites We Love: LawPadi

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Law

The Lack Of The Jurisdictional Competence Of The Various Judicial Panels Of Inquiry

April 19, 2022

  ‘The judicial panel of inquiries set up by the various state governors lack the jurisdictional competence to entertain the subject-matter of police brutality and human right violations.’ Following the demands made by the #EndSARS protesters on police brutality and human rights violation of Nigerians, a resolution was reached by the National Economic Council of … Continue reading The Lack Of The Jurisdictional Competence Of The Various Judicial Panels Of Inquiry

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